Skip to content
  • FS
  • Retirement
  • Pay
  • HR
  • Agency News
  • More News
    • Court Cases
    • Current Events
    • Leadership
    • Q&A
  • Authors
FedSmith.com

Retention Pay

Federal Employee Retention Pay and a Promotion

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 28, 2024 1:44 PM | Updated: Jul 18, 2024 10:17 AM Categories Federal Employee Pay News, Q&A Leave a comment
$100 dollar bill locked by a small padlock with the key sitting off to the side

What is retention pay? When is it terminated? What if an employee on retention pay receives a promotion?

Promotion While On Pay Retention

By Wayne ColemanAug 27, 2015 4:51 AM | Updated: Feb 3, 2024 8:20 AM Categories Federal Employee Pay News, Q&A Leave a comment

OPM.gov gives examples of GS promotions while on retained pay using the 2 step rule. But how do you calculate a GS promotion step if your retained pay is already well above the amount computed using the 2 step rule?

Free Email Lists

Subscribe to our free email list to get our news updates in your inbox.

Use a personal email if possible (i.e. Gmail); some agencies restrict emails from lists
Choose Lists:

Take Our Poll

Should the Department of Education be abolished?

View Results

Loading ... Loading ...

Daily TSP Performance

July 17, 2025

Fund Last % YTD
G Fund $19.2096 +0.01% +2.43%
F Fund $20.0723 -0.02% +3.05%
C Fund $100.1890 +0.53% +7.81%
S Fund $94.7571 +1.16% +5.11%
I Fund $49.6344 +0.47% +18.47%
L Income $28.0658 +0.17% +4.95%
L 2030 $54.4326 +0.36% +7.90%
L 2035 $16.4835 +0.39% +8.41%
L 2040 $62.9289 +0.43% +8.90%
L 2045 $17.3481 +0.46% +9.32%
L 2050 $38.2948 +0.49% +9.74%
L 2055 $19.5325 +0.59% +11.09%
L 2060 $19.5301 +0.59% +11.09%
L 2065 $19.5276 +0.59% +11.09%
L 2070 $11.5736 +0.59% +11.10%
L 2075 $10.1096 +0.59% %
Get detailed TSP data at TSPDataCenter.com

News Categories

  • Agency News
  • Court Cases
  • Current Events
  • Federal Employee Pay News
  • Federal Employee Retirement
  • Human Resources
  • Leadership
  • Links
  • Q&A

Archives

Popular Tags

AFGE Annuity Backlog Bargaining Budget COLA COVID CSRS Data Breach Donald Trump Election Employee Relations Executive Order FedSmith Polls FEGLI FEHB FERS FLRA FRTIB GAO General Schedule Government Shutdown Hatch Act Hiring Holidays Inflation Insurance IRA IRS Labor Relations Locality Pay Medicare MSPB Official Time OPM Pay Raise Postal Service Proposed Legislation Roth Social Security Taxes Telework Travel TSP Unions VA Vaccinations

FedSmith.com is a certified Ezoic Premium publisher
© 2025 FedSmith Inc. All rights reserved.
  • About
  • Write for Us
  • Resources
  • Advertise
  • Privacy Policy
  • Terms of Use